Crypto News
Former Celsius Network CEO Alex Mashinsky Sentenced to 12 Years in Prison
The founder of the once-prominent crypto lender had requested a more lenient prison sentence of one year and a day. Source link
Commissioner Hester Peirce Unveils SEC’s Flexible Framework for Tokenized Securities
U.S. Securities and Exchange Commission (SEC) official Hester Peirce proposed a regulatory exemption framework for crypto-related securities trading during her May 8, 2025 keynote in Washington D.C., balancing investor protection with technological innovation. SEC Mulls Regulatory Sandbox to Test Tokenized Securities Amid Industry Push Commissioner Hester Peirce emphasized the need for “sensible regulation” to maintainSource link
Stablecoin Legislation Suffers Severe Blow as GENIUS Act Fails to Pass Key Senate Vote
The GENIUS Act failed a key Senate vote Thursday, leaving the future of the stablecoin bill and other crypto legislation in question.Source link
Bitcoin Hits $100K as Institutional Money Pours In
The last time the cryptocurrency topped six figures was in February shortly after reaching its all-time high of $109,114.88 in late January. BTC Breaks $100K Barrier as Institutions Dive In Bitcoin ( BTC) broke through the $100K barrier on Thursday morning, as net cumulative inflows for spot BTC exchange-traded funds (ETFs) peaked at $40.72 billionSource link
Trump Rips Fed Chief as ‘Fool’ After Rate Freeze, Declares ‘Golden Age’ Is Coming
On Thursday, U.S. President Donald Trump blasted the Federal Reserve and its Chair, Jerome Powell, after the central bank kept the federal funds rate unchanged the day prior. He hopped onto social media via Truth Social and branded Powell a “fool.” Trump Torches Fed Boss Over Inflation Moves President Trump has once again lobbed colorfulSource link